1.26-Acre Lot in Massey Point - Eufaula Lake, OK

About This Property

Owner financing: $500 down plus a $195 document fee. Financed price $39,975. Term options: 1 year at 0% ($3,289.58/mo); 2 years at 9% ($1,803.41/mo); 5 years at 9% ($819.44/mo); 10 years at 9% ($500.05/mo); 15 years at 9% ($400.38/mo). Pay-in-full price: $35,977 (10% cash discount). Per the seller, no business or commercial use is allowed while the property is under a loan contract. These are five gorgeous adjoining residential and recreational lots in a beautiful lakeside community overlooking Eufaula Lake. They are about 177 yards from the lake, and approximately 50 feet above the water level of the lake. Electric power is about 61 yards away. Platted Ramp Drive runs along the north side of these lots, and Catfish Street runs along the east side. If you are going to build a residence, you will probably want to use your equipment to re-grade Catfish Street, or maybe grade Ramp Drive over to Trout Street. The original surveyor set iron pins at the northeast corner of Lot 1; the northwest and southwest corners of Lot 4; and the northwest and southeast corners of Lot 5. Our estimated locations should be close enough to allow you to search for and find those pins. Lot 5 is fairly level at the high point of these lots. The other four lots gradually go downhill about 20 feet to platted Ramp Drive. You can leave things as they are, or if you are going to build a residence you can use your equipment to sculpt the lots as you see fit. Cheap land of such a high quality in a stunning lakeside area is hard to come by.

Location

Massey Point - Eufaula Lake, Unit 2, Block 14, Lots 1,2,3,4,5, Pittsburg County, OK

Owner Finance Terms

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YourCheapLand is a family-owned business specializing in undeveloped land in the American Southwest, with lots in Arizona, New Mexico, Texas, Utah, Colorado and Oklahoma. Owner financing is what they are best known for: most lots can be bought with $99 down, with terms from 1 year at 0% to longer terms at 9%. The land suits off-grid homesteads, cabins, tiny homes, RVs, camping, hunting and recreation. Contact Mike and Samantha for details on any property.